JSC "KazAgroGarant" (earlier - JSC "Fund of guaranteeing the fulfillment of obligations by grain receipts") (hereinafter - the Company) was established on June 23, 2003 in the form of a non-profit organization under the State agrarian-food program of the Republic of Kazakhstan for 2003-2005 in order to protect the interests of grain receipts holders from grain-enterprises not to execute the obligations by grain receipts issued by them. The Company carries out its activities in accordance with the laws "On Grain" and "On the development of the cotton industry" and their resulting regulations of the Republic of Kazakhstan.
The main shareholder is JSC "National Holding" KazAgro". Participation in JSC is built on a voluntary basis and is determined by the conditions of the concluded contract of participation.
Given the positive experience of introduction of the system of grain receipts and guarantees in the country, the system of grain receipts and guarantees introduced since 2008 by law of the Republic of Kazakhstan "On development of cotton industry".